Idaho Veneer Closing

 

Longtime independent veneer producer Idaho Veneer Co. in Post Falls, Id. has closed its doors, as the family ownership has decided to sell the mill property, which has slowly “moved” from outside of town to the middle of town as the area has grown. The company dates to 1953 with “a slicer the middle of a field in northern Idaho,” according to a company statement.

The mill is located along I-90 in Post Falls, which has grown dramatically as part of the commercial corridor between Spokane and Couer d’Alene, and family members decided to sell the property for conversion to a higher value use.

The late April release said the company was planning to run out its log yard and veneer inventory and liquidate as much of the facility. “We value the friendship and camaraderie we share with so many of you…The decades we’ve spent in the business make for a treasure trove memories,” said the statement, signed by Malloy family members and company executives. An auction was held for all the equipment and buildings exclusively online starting June 17, 2020, with bidding ending June 24.

Latest News

Plum Creek To Invest $10 Million In Montana Plants

A gradual increase in housing starts across the U.S. and better timber prices are two factors behind Plum Creek Timber Co.’s decision to invest $10 million in plant improvements at its Northwest Montana manufacturing plants.…

Montana Mill To Be Largest CLT Plant In The World

When completed, a new wood products plant at the Columbia Falls Industrial Park north of town will be the largest cross-laminated timber (CLT) plant in the world, Sen. Jon Tester learned during a meeting with…

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!